526 W Shoup Ave, Twin Falls, ID 83301
526 W Shoup Ave, Twin Falls, ID 83301
526 W Shoup Ave, Twin Falls, ID 83301
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Listed by Shawn Barton • Westerra Real Estate Group
$660,000
Est. payment /mo
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8,881 SqFt
Pending

526 W Shoup Ave Twin Falls, ID 83301

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 8,881 sqft

Price per Sqft $74

MLS Listing ID 99005794

HOA Y/N No

Year Built 1982

Lot Size 8,712 Sqft

Acres 0.2

Source IMLS 2

Property Description

Fully leased medical/professional office investment offered at $660,000 in Twin Falls, Idaho. Located at 526 Shoup Avenue West, Suites H, I & J, this approx. 8,525 SF property spans two parcels and pairs existing income with future leasing flexibility. At approx. $77.41/SF, the offering features $84,000 in annual base rent under the current NNN lease and an OM-reported 12.73% cap rate. Occupied by River View Eye Specialists through April 30, 2027, the lease includes a guarantor and prorated tenant reimbursements for taxes, insurance, and CAM. The layout includes 13 offices, seven clinic rooms, two waiting rooms, reception, kitchen, multiple restrooms, additional workspace, and basement storage. Approx. 14 adjoining parking spaces plus shared complex parking support patient, client, and employee access. Future separate leasing of Suites H & I and Suite J offers upside: the OM projects combined annual base rent of approx. $92,610, an $8,610 increase, subject to market conditions, leasing costs, and occupancy.

Location

State ID

County Twin Falls

Zoning C

Interior

Cooling Central Air

Flooring Wood

Fireplace No

Exterior

Exterior Feature Paved Outside Area

Utilities Available Sewer Connected

Roof Type Flat

Accessibility Handicap Access

Handicap Access Handicap Access

Building

Lot Description Standard Lot 6000-9999 SF

Building Description Stone, Lighting

Foundation Basement

Water City Service

Structure Type Stone

New Construction No

Others

Senior Community No

Tax ID RPT2641000012K, RPT2641000012L

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry


Intermountain MLS (IMLS)
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Vicki McMahon

Vicki McMahon

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+1(208) 412-0754

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